How can the government make sure that people save enough money to live on when they are old?
The physical condition of old
people
makes them unable to work; Use synonyms
hence
, they need retirement funds in order to provide for their daily needs. The government should take action to ensure the elderly have sufficient Linking Words
money
to live. Use synonyms
This
essay will explain how to guarantee these Linking Words
people
have enough Use synonyms
cash
to continue their lives.
The way to actualize that idea is by creating a policy to force everyone to separate their small proportion of salary. There should be an automated deduction in their bank account every month. Use synonyms
Then
, as time goes by, their funds are eventually enough for their retirement. Linking Words
Moreover
, the government can make the Linking Words
cash
withdrawal policy very strict. Use synonyms
For instance
, emergency withdrawal is only allowed if a member of a nuclear family suffers from a medical crisis, and anything Linking Words
that is
not related to primary needs is denied. By doing Linking Words
this
, Linking Words
this
retired group patiently waits until they reach the eligible age. After all is completed, they can Linking Words
cash
out their Use synonyms
money
to buy a house, start a small business, or even just save some hard Use synonyms
cash
.
Use synonyms
However
, the government should not leave the business owner out of Linking Words
this
regulation. There is no guarantee that these Linking Words
people
will have a comfortable life in the future. Use synonyms
Then
, they can save their Linking Words
money
simultaneously during the tax payment period. During Use synonyms
this
period, they will pay their taxes and deposit their retirement funds at the same time. Linking Words
Next,
a punishment must be employed in order to force them. One common example is to retract their business permission if they don’t deposit the Linking Words
money
.
In conclusion, a mandatory regular deposit can help older Use synonyms
people
save for their future. The employee can follow it monthly, and the businessman can follow it quarterly.Use synonyms
Submitted by erniwbs on
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